BankFirst Capital Corporation Acquires The Magnolia State Corporation and Magnolia State Bank

First Bancorp to Acquire First Carolina Bancshares Corporation

July 14, 2026

Financial Services

First Bancorp announced it signed a definitive merger agreement to acquire First Carolina Bancshares Corporation in a stock-and-cash transaction valued at $166 million. The deal is expected to close in the fourth quarter of 2026 or early in the first quarter of 2027, subject to customary approvals and conditions.

MidFirst Bank Acquires Dallas Capital Bank

June 17, 2026

Financial Services

MidFirst Bank entered into a definitive agreement to acquire Dallas Capital Bank, a privately owned commercial bank with $1.2 billion in assets. The deal is intended to expand MidFirst’s Texas footprint and bring Dallas Capital Bank’s relationship-focused team and clients into MidFirst’s larger franchise, with closing expected in the second half of 2026 subject to regulatory approvals.

Bank First Corporation to Acquire PSB Holdings, Inc. (Peoples State Bank) in All-Stock Deal

May 21, 2026

Financial Services

Bank First Corporation has signed an agreement to acquire PSB Holdings, Inc., the parent company of Peoples State Bank, in an all-stock transaction valued at approximately $202.9 million. The merger is intended to expand Bank First’s community banking footprint across North Central Wisconsin and the greater Milwaukee area, with closing and systems conversion expected in the fourth quarter of 2026.

FirstBanc of Alabama Completes Acquisition of FBDC Financial Corporation (First Fidelity Bank)

December 10, 2025

Financial Services

FirstBanc of Alabama, Inc. (parent of First Bank of Alabama) completed its acquisition of FBDC Financial Corporation, the parent company of First Fidelity Bank. The deal, first announced as a definitive merger agreement on December 10, 2025, paid $20.5 million in aggregate consideration (60% stock, 40% cash) and adds First Fidelity Bank locations in Fort Payne, Ider, and Rainsville to First Bank of Alabama’s footprint.

First Bancorp Acquires GrandSouth Bancorporation

January 1, 2023

Financial Services

First Bancorp (parent of First Bank) completed its acquisition of GrandSouth Bancorporation (the parent of GrandSouth Bank) effective January 1, 2023 in an all-stock merger (0.91 shares of First Bancorp per GrandSouth share). The deal expands First Bank's presence in South Carolina by adding GrandSouth's eight branches and is expected to accelerate First Bancorp's South Carolina growth, creating a combined company with approximately $12 billion in assets and 118 branches.

The First Bancshares Acquires Beach Bancorp, Inc.

April 26, 2022

Financial Services

The First Bancshares, Inc. (The First) entered into and completed a definitive agreement to acquire Beach Bancorp, Inc., the parent of Beach Bank, in an all‑stock transaction valued at approximately $116.7 million based on First Bancshares’ April 25, 2022 closing price. Beach Bank — which operates seven branches across the Florida panhandle and Tampa markets — was merged into The First Bank, expanding The First’s footprint in Northwest Florida and providing an entry into the Tampa market.